A Change in the Best Technology That Allows More to Be

question 50

Multiple Choice

A change in the best technology that allows more to be produced with a given amount of resources is referred to as:

• A) technological gain.
• B) technical efficiency change.
• C) technological growth.
• D) technological improvement.

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values from the mean.

ACT Type Score

A numerical measurement that represents a student's achievement on the ACT test, which is commonly used for college admissions in the United States.

Normal Curve

A bell-shaped curve that represents the distribution of many types of data where most occurrences take place around the average, and fewer instances occur as you move away from the center.

Standard Deviation

A measure of the dispersion or variability within a set of data points, indicating how much individual data points differ from the mean of the data set.